State of Blockchain and Artificial Intelligence (AI) in Fintech

As new technologies emerge, they tend to enhance the existing ecosystem by converging with other technologies, eventually transforming various industries. Within the realm of Fintech, the two technologies that are on the verge of transforming it are Blockchain and Artificial Intelligence (AI). Blockchain: Blockchain is a distributed database or a digital ledger that maintains a continuously growing list of data records that are hardened against tampering and revision. It is the foundation on which the popular cryptocurrency'Bitcoin' is built upon. Like every other technology, it has its own set of pros and cons.